ALLEGHENY COUNTY EMPLOYEES' RETIREMENT SYSTEM v. ENERGY TRANSFER LP et al

  1. January 22, 2024

    Energy Co. Seeks Win In Investors' $3B Pipeline Project Suit

    Energy Transfer has asked a Pennsylvania federal judge to grant it a win in a class action alleging it misled investors about its $3 billion Mariner East 2 and Revolution pipeline projects, arguing the investors failed to allege any material misstatements or connect them to a stock price drop, among other things.

  2. August 23, 2022

    Investors Get Certified In Suit Over $3B Pa. Pipeline Project

    A Pennsylvania federal judge certified a group of investors Tuesday who accuse Energy Transfer LP of misleading them about its $3 billion Mariner East 2 and Revolution pipeline projects, appointing Bernstein Litowitz Berger & Grossmann LLP and Barrack Rodos & Bacine as co-lead class counsel.

  3. September 20, 2021

    Investors Seek Class Approval In Suit Over $3B Pa. Pipeline

    A group of institutional investors suing Energy Transfer LP over alleged misleading statements about its $3 billion Mariner East 2 and Revolution pipeline projects have urged a Pennsylvania federal court to certify a class with them as class representatives.

  4. April 06, 2021

    Claims Narrowed In Investors' $3B Pa. Pipeline Bribery Suit

    A Pennsylvania federal judge on Tuesday trimmed down the list of statements by Energy Transfer LP executives that investors can use in their lawsuit over whether the pipeline company misled them about the $3 billion Mariner East 2 and Revolution pipeline projects.

  5. April 16, 2020

    Pa. Judge Blocks Pipeline Bribery Suit's Move To Texas

    A proposed securities class action over a federal bribery investigation into a $3 billion pipeline will remain in Pennsylvania after a federal judge blocked its transfer to Texas on Thursday due to key differences between it and a parallel derivative suit in the Lone Star State.

  6. March 20, 2020

    Investors Fight To Keep Pipeline Bribery Suit In Pa.

    A Texas pipeline business is taking a "simplistic" view of a stock-drop suit over the fallout from a federal bribery investigation into its $3 billion Mariner East pipeline, the investors who filed the case told a Pennsylvania federal judge Friday.

  7. February 20, 2020

    Barrack, Bernstein Will Lead Energy Transfer Stock-Drop Suit

    A Pennsylvania federal court has tapped Barrack Rodos & Bacine and Bernstein Litowitz Berger & Grossmann LLP to be lead counsel in a proposed class action against a pipeline company whose stock dropped on news of a federal bribery investigation.

  8. January 22, 2020

    Securities Law Firms Vie For Lead In Energy Transfer Suit

    Prominent firms well-versed in securities law submitted bids Tuesday to lead or help lead a proposed shareholders' class action against pipeline company Energy Transfer LP.

  9. January 13, 2020

    Energy Transfer Faces Another Suit In Mariner East Fallout

    A government employees' retirement fund has become the latest entity to claim it lost money when allegations became public that Energy Transfer LP coerced Pennsylvania state employees for a permit for its nearly $3 billion Mariner East natural gas pipeline system.